Bloomberg Name: JPMBB 2015-C32

Commercial Real Estate Direct Staff Report Outlet Shoppes at Gettysburg, a 249,937-square-foot retail property in Gettysburg, Pa., was reappraised at the end of last year at a value of $14.8 million. CBL & Associates Properties Inc. owns the property but ...

The Chattanooga, Tenn., REIT, which filed for bankruptcy in 2021 and was able to eliminate $1.7 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total balance of ...

Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $89.9 million. The 1.25 million-square-foot property ...

Commercial Real Estate Direct Staff Report With anchor tenant Shell Oil Co. having drastically reduced its footprint at the Hancock Whitney Center, the 1.25 million-square-foot former One Shell Square office building in downtown New Orleans, the property's owner has been ...

Commercial Real Estate Direct Staff Report Gateway Business Park, a 514,047-square-foot office complex in the Philadelphia suburb of Mount Laurel, N.J., hasn't generated enough cash flow to fully service its $46.27 million loan for more than two years. Debt-service payments ...

Crain's Chicago Business Workbox has agreed to lease more than 68,000 square feet at Civic Opera House, a 915,000-sf office property in Chicago. The coworking company is taking the space previously leased by TeamWorking, another coworking firm, whose deal ended ...

The Real Deal TeamWorking has expanded its office lease at Civic Opera House, a 911,627-square-foot office property in Chicago, to 100,000 sf. The coworking provider previously had been leasing 50,000 sf. The 44-story property, at 20 North Wacker Drive, is ...

Commercial Real Estate Direct Staff Report The appraised value of the Civic Opera Building, a 911,627-square-foot office property in Chicago, has been lowered again, to $109 million, from the $119.8 million value placed on it at the end of last ...

Bloomberg Bondholders have filed a lawsuit against JPMorgan Chase over the $328.9 million of senior securitized debt that the bank originated against the Palmer House Hilton, a 1,614-room hotel in Chicago. The suit claims that the bank did not disclose ...

Commercial Real Estate Direct Staff Report The appraised value of the Hilton Suites Chicago Magnificent Mile, a 345-room hotel in Chicago, has been reduced to $61.9 million. That's down from the $63.1 million value pegged to it last year and ...